Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Weak Downtrend (-65) - SEKCAD is showing signs of a strengthening downtrend. Monitor SEKCAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SEKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEKCAD
The long-term trend has been DOWN since Oct 6th, 2021 at 0.14332126
The intermediate-term trend has been DOWN since Sep 26th, 2021 at 0.14607250
The short-term trend has been UP since Oct 21st, 2021 at 0.14364374
Smart Scan Analysis for SEKCAD
Based on our trend formula, SEKCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).